Savings Accounts

Student Saver

Additional investments

You can add to your account at any time, subject to the maximum investment limit of £7500.

Interest

Interest is paid half yearly on 1st January and 1st July and is added to the account. The interest rate is variable.

Withdrawals and closure

You can withdraw your savings, providing the funds are for the benefit of the child. Withdrawals are available without notice or penalty in either cash or cheque, subject to Society limits.

Account conditions

Available to young persons aged 16 -26 years, who are continuing in further education.

Once further education ceases the account will be required to be transferred to an alternative account or may be closed.

The account holder agrees to be bound by the rules of the Society (copies available upon request) and the terms and conditions stated on this website.